The Committee, in an earlier report on the Direct Taxes Code (DTC) Bill, had favoured abolition of STT.
Both houses of Parliament were prorogued on Friday, almost a month after being adjourned sine die, ending the possibility of an extension of the Monsoon session in the face of continued stand-off between government and opposition.
The parliamentary standing committee on finance has proposed a Securities and Exchange Board of India (Sebi) and Reserve Bank of India (RBI) co-ordination mechanism to monitor foreign investments in the stock market.
However, the AICC general secretary Jairam Ramesh said the SC committee has limited terms of reference and 'cannot bring out the deep nexus between' the prime minister and the billionaire businessman.
Indian-origin ex-Member of Parliament Sebastian Edathy will stand trial in a German court on charges of acquiring and possessing child pornography. The regional court in Verden in the state of Lower Saxony said on Tuesday that after examining the indictment against him filed by prosecutors four months ago, it came to the conclusion that there are enough evidences to open proceedings on child pornography charges.
The Parliamentary Standing Committee on Science and Technology, which has held marathon deliberations on the controversial Civil Liability for Nuclear Damage Bill 2010, is expected to present its report to Parliament on August 9.
The Standing Committee on Petroleum and Natural Gas in its report tabled in Parliament today asked the ministry to strictly monitor implementation of directions issued to RIL for reversing the trend of falling gas output from the Bay of Bengal field.
After an all-party meeting in New Delhi, Parliamentary Affairs Minister Pralhad Joshi also said that some of these 32 bills have already been discussed by standing committees of Parliament.
The country's 5,000 MPs, MLAs and MLCs should resolve in this historic year to return to the people the favour they have been doing by relentlessly nurturing democracy over the last 70 years, he said.
The RBI governor, who made a presentation about the state of the economy as well about the world economy to the 31-member Parliamentary Standing Committee on Finance, stayed clear of controversial questions like government invoking special powers.
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
Over 3,500 police personnel have deployed as the farmers began their march from the Ramlila Maidan to Parliament at 10.30 am.
At a time 20-odd opposition parties, many of them regional rivals, joined forces over the Adani issue, Nationalist Congress Party supremo Sharad Pawar's open support for industrialist Gautam Adani has put a question mark on the durability of a non-Bharatiya Janata Party block in the run-up to the 2024 parliamentary elections.
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The GST Bill, introduced in Parliament in 2010, is being vetted by the Standing Committee on Finance. Now, the states and the Centre would together finalise the draft and bring it back to Parliament.
With 2014 polls in mind, FM may provide individual tax payers relief despite fiscal constraints.
The Congress on Wednesday claimed that there was nothing wrong in former Union minister A Raja and Suresh Kalmadi being made members of Parliamentary Standing Committees. While Raja is the main accused in the 2G spectrum scam, Kalmadi is a prime accused in the Commonwealth Games scam.
Members of Parliament on Wednesday quizzed Defence Secretary Shashi Kant Sharma and Army Vice Chief S K Singh on a media report of suspicious movement of troops near national capital New Delhi in January, but they dismissed it as baseless.
The panel of Parliament examining the Direct Taxes Code (DTC) Bill has almost finalised its recommendations. It wants more taxpayer-friendly measures.
The Companies Bill 2009, which seeks to replace a half-a-century-old Act, will be presented in Parliament in the ongoing Budget session, Finance Minister Pranab Mukherjee said on Monday.
Two people at the scene were treated for injuries after the vehicle crashed into the large steel barriers erected around the Houses of Parliament complex.
the government will introduce some of its key provisions, such as General Anti-Avoidance Rules, in Budget 2012-13.
Concerned over the exploitation of credit card holders, a parliamentary committee has suggested that the Reserve Bank of India should prescribe maximum interest rate that can be charged by banks from customers.
As chairman of the parliamentary standing committee on finance, former finance minister, Yashwant Sinha, says he is committed to expediting the legislative work associated with important Bills, including the direct taxes code (DTC) and Goods and Servies Tax.
Chairman of the Standing Committee on Lokpal Abhishek Singhvi on Thursday refused to set a deadline for finalising its crucial report but insisted that the panel was working on the issue with unparallel swiftness.
One of the reasons why the TMC decided not to demand a JPC is that the chairperson and most of its members would be from the BJP, he said, adding JPC means putting the issue under the carpet.
By changing the nation's name from India to Bharat, would this landmass overnight lose the emotional and cultural linkage that had been built over generations, centuries and millennia, asks N Sathiya Moorthy.
The Centre has not taken any decision on the roll-out of the National Register of Citizens (NRC) for the whole country, the Ministry of Home Affairs has told a parliamentary panel.
Such a course would require a Constitutional Amendment, requiring a two-thirds majority in both Houses of Parliament. Even assuming that the INDIA combine comes to power at the Centre next year, a two-thirds majority in the Lok Sabha could way off the mark for them, observes N Sathiya Moorthy.
Suggests far more generous provisions than proposed in Direct Taxes Code
Suggests far more generous provisions than proposed in Direct Taxes Code
After civil society activists slammed the government's Lokpal Bill, the Centre on Friday said that people who are not satisfied with the Bill can approach the Standing Committee of Parliament and persuade it to make changes. Human Resource Development Minister Kapil Sibal, who was part of the joint committee to draft the bill, said the government has already reconciled taking into account a number of provisions suggested by the civil society.
Ramesh says the best route now is to refer the amendments to Parliament's standing committee on rural development.
In its 29th report, which was tabled in Parliament earlier this week, Parliament's Standing Committee on Defence writes that it is 'startled' to be told that the tank had performed poorly in winter trials, and that it was miles away from meeting the army's requirements.
From deciding on the composition of various House committees to fixing the seating arrangement of MPs, Speaker Om Birla has a full plate.
Stressing on the 'Make in India' initiative, a Ministry of Defence appointed committee has recommended enhanced private sector involvement by granting manufacturers tax and import concessions.
The government draft on the Lokpal Bill, which is expected to be considered by the Cabinet this week, does not include the prime minister in the purview of the ombudsman but the final call on the ticklish issue will be taken by Parliament and its Standing Committee. Disclosing this, Home Minister P Chidambaram said the Bill will be introduced in Parliament in the monsoon session starting on August 1.
The former Union home minister claimed that the provisions in the bill can be misused as the police can arrest and take fingerprints and DNA samples of even those who are taking part in political rallies.
Senior Congress leader Shashi Tharoor on Thursday virtually ruled out contesting CWC polls if the party decides to hold them, saying he is not considering any further elections after having fought the AICC presidential polls and it is "for others to step forward".
The Congress slammed Ravi Shankar Prasad, accusing him of distorting, twisting and lying "with a straight face".
The 29-year-old, who has studied electrical engineering in Sudan, lived in Birmingham's Sparkhill district. He describes himself as a shop manager.
